Orrick, Herrington & Sutcliffe announced on Thursday, May 3 that it would be increasing its first-year associates’ pay in all California offices except for Sacramento. The pay raise to $160,000 matches the raise that the firm already made in New York and Washington, D.C. During the frenzy of raises earlier this year, most firms only raised CA salaries to $145,000, though some like Quinn Emanuel Urquhart Oliver & Hedges went up to $160,000. Speculation abounds whether other big name California firms like Gibson, Dunn & Crutcher or Latham & Watkins will also bump up their salaries. On the other hand, for more middle-market firms that matched NY salaries, the chances are less likely that they will all make another raise in California.
Source: www.law.com
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